Electronic Payments

In this ever-changing world of electronic payments, it is important for financial institutions to be up-to-date with rules and regulations, fraud and risk trends, and other payments related areas. PacPay is here to help keep you in compliance, safeguard your organization, and provide the necessary payments training for your staff.

About PacPay

PacPay, a non-profit institution oversees the private sector automated clearinghouse, known as the Hawaii Regional Processing Center, specifically designed to meet the needs of Hawaii financial institutions.

Mission Statement

The mission of the Pacific Payments Alliance (“PacPay”) is to promote the safe, secure, and efficient use of the electronic payment systems that serve our members in the State of Hawaii and the communities they operate in. This mission will be accomplished through a program that seeks to:

Educate members on the safe and secure use of electronic payment systems.

Advocate on behalf of our members in the development of payment system rules and legislation.

Negotiate for our members to obtain regional processing that meets the special needs of Hawaii financial institutions.

PacPay selected PAR/WACHA, The Premier Payments Resource, to bring extensive payment and compliance services to Hawaii’s financial industry as of Jan. 1, 2018. PAR/WACHA’s mission is to be the most knowledgeable, responsive and service oriented payments resource. Focused on leading edge solutions and ideas, PAR/WACHA provides quality education on all payment systems including Faster Payments, audits, risk assessments and a range of other support services all focused on helping our members meet their goals and objectives with minimal risk.

Announcements

08/09/2018

Save on Your Rulebook Pre-Orders

06/27/2018

Free On-Demand Session

WACHA has been busy working with the State of Hawaii on their new payroll system. In order to help make this transition as easy as possible for financial institutions, we are offering a free session to answer any questions you may have about the new process. This session will update your institution on the state’s timeline for implementation and what to do with exceptions.

Additional Resources for PacPay Membership

Bin Database/Credit Card Bin CheckerThe Bank Identification Number, also known as the credit card bin can tell you the name of the bank that issued the card, the type of card like Debit or Credit, brand of card Visa, MasterCard and level of card like Electron, Classic and Gold. From the bin database you can also check other details about the card and issuer. Credit card bin numbers are the first 6 digits of a card number. Click Here

Compliance ServicesIt is our goal at PAR/WACHA to help you mitigate risk while maintaining regulatory compliance in the payments arena. To realize this goal we offer a wide-range of compliance services including audits, risk assessments, advisory, unclaimed property, and escheatment services to our members and beyond. As an industry leader in payments compliance, our trained staff of AAPs goes above and beyond the basic requirements. We will not only offer solutions and staff training to ensure compliance and mitigate risk, but also to improve operational procedures and efficiency. Click Here

Treasury link for fraudulent checksIssue information for U.S. Treasury checks can be verified provided that the financial institution has a valid routing transit number, check number and check amount. Click Here

Unclaimed Property ServicesPAR/WACHA and Georgeson are available to help you retain assets and reduce your risk of non-compliance through unclaimed property services, training and tools. Banking assets are the number one remitted property type in most states. Not only does this deplete the assets under your management, ever-changing unclaimed property laws also leave banks and credit unions at risk of non-compliance, which can result in significant fines and penalties. Click Here